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Kato: Japan to respond appropriately after examining new US President’s policies
Japan’s Finance Minister Katsunobu Kato on Tuesday that “Japan to respond appropriately after examining new US President’s policies.” Additional quotes Will closely monitor impact of US policies on world economy, Japan.
Fxstreet
Tue, Jan 21
Trump floats idea of universal tariff but says US not ready for it yet
WASHINGTON, Jan 20 (Reuters) - Republican U.S. President Donald Trump on Monday floated the idea of universal tariffs but said the United States was not yet ready for such a step."We're not ready for that yet. We may put it ... because essentially countries take advantage of the U.S.," Trump told re...Reuters
Tue, Jan 21
Trump vows US will address trade deficit with EU
WASHINGTON, Jan 20 (Reuters) - U.S. President Donald Trump on Monday vowed to address a longstanding trade deficit with the European Union, either by imposing tariffs or through stepped up oil and gas exports.Trump told reporters that EU imposed a value-added tax of 20% that was nearly equivalent to...Reuters
Tue, Jan 21
US President Donald Trump vows to “take back” Panama Canal in inauguration speech
In his first public appearance as the freshly-declared President of the United States, Donald Trump has reiterated several of his sweeping campaign claims and promises, including seizing control of the Panama Canal, as well as establish an "external revenue service" which will ostensibly be responsible for collecting profits from tariffs his administration intends to impose.Fxstreet
Mon, Jan 20
Trump says he will tariff and tax foreign countries
WASHINGTON, Jan 20 (Reuters) - U.S. President Donald Trump on Monday said he would tariff and tax countries to enrich Americans, promised an overhaul of the trade system, and said the United States would establish an "external revenue service"."We are establishing the external revenue service to col...Reuters
Mon, Jan 20
Trump says he will immediately declare national energy emergency
WASHINGTON, Jan 20 (Reuters) - U.S. President Donald Trump on Monday said he would immediately declare a national energy emergency, promising to fill up strategic reserves and export American energy all over the world."We will be a rich nation again, and it is that liquid gold under our feet that wi...Reuters
Mon, Jan 20
UPDATE 1-EU to test how banks would cope with geopolitical shocks, trade wars
Adds details after paragraph 2MILAN, Jan 20 (Reuters) - The European Banking Authority said on Monday it would assess how European banks would react to a hypothetical spiralling of geopolitical tensions and ensuing trade wars in an upcoming health check of the industry.The simulation, which assumes ...Reuters
Mon, Jan 20
UPDATE 2-Germany says it met NATO 2% defence spending target in 2024, short of Trump's demand
Announcement comes with Trump about to be inaugurated as next US presidentTrump has proposed NATO members spend 5% of GDP on defenceGermany faces budget constraints, complicating future military fundingAdds details on NATO quota and 2025 budgetBy Maria Martinez BERLIN, Jan 20 (Reuters) - Germany ...Reuters
Mon, Jan 20
UPDATE 1-EU to approve updated French deficit-cutting plan on Tuesday
Adds French finance minister commentBRUSSELS, Jan 20 (Reuters) - European Union finance ministers will approve French Prime Minister Francois Bayrou's deficit-cutting plan on Tuesday as it complies with the EU's recommendations to bring the French deficit below 3% of GDP by 2029, officials said.Seni...Reuters
Mon, Jan 20
Trump to call for 'all of government' response to fight inflation, aide says
WASHINGTON, Jan 20 (Reuters) - President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.The official offered no details on sp...Reuters
Mon, Jan 20
USD slips ahead of inauguration – Scotiabank
It’s inauguration day and Martin Luther King's Day — a federal holiday which means US markets are closed. The incoming president is reportedly set to sign 100 executive orders right out the gate and some of those are likely to address border security and tariffs.Fxstreet
Mon, Jan 20
